Hi, I was wondering if I could buy gap insurance separately since my current auto insurance doesn't provide it to used vehicles?

  • by Jaspal
  • Jan 17,2018
  • 6 answers

Hi, I was wondering if I could buy gap insurance separately since my current auto insurance doesn't provide it to used vehicles?


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Insurance Answers (6)

g last month

GAP coverage is offered by both lenders and insurance providers for financed and leased vehicles only. Period.

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H. Marie last month

sounds like you need to find a company that insures used cars

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A Hunch last month

You typically purchase gap insurance from the lender not the insurance company.

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Casey Y last month

Generally speaking, gap insurance is something associated with a lease and not a used car purchase...
If they aren't offering, there isn't anywhere else that sells it. I could be wrong...but probably not.

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Dan B last month

I bought gap insurance through my lender. See if they can help you. Gap insurance should be available on any financed vehicle to protect you and the lender.

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lucy last month

https://www.esurance.com/info/car/myth-g...
You can buy GAP insurance if you have a loan and (also) if you have a lease.
But there are some limitations of what they cover or (not).
Many lenders will offer GAP, but that may not be the best option to buy, since you could buy it separately yourself and maybe could find a company to offer it less.
The key is, with any new car loan or lease, it depreciates high, then as time goes by, then may “catch” up and not have a gap of what you owe or slows down.
If, you have an agent, then ask what company to buy from. If not, then google GAP and should find many companies offering to see if you can get the best cost.

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